In this episode recorded on 13.09.2023, we host Eric Musau - Executive Director, Research at Standard Investment Bank and Ronak Gadhia - Managing Director at EFG Hermes Kenya to dissect Kenyan banks' H1 2023 earnings.
We also cover the banks’ non-performing loans, the forex market, and the future outlook.
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Show Notes
00:00:00 Introduction
00:01:56 High-Level Thoughts on the Results
00:06:20 Loan Books
00:10:18 NPLS
00:24:06 International vs Local Banks
00:29:57 FX Market and Gov’t Securities
00:34:25 Capital Allocation
00:39:43 Eurobond, Credit Rating, and Outlook
H1 2023 Bank Earnings